Civic Intelligence

International Union of Operating Engineers Local 399 Building Corp II

990 • Fiscal year 2016 • EIN 32-0440106

Jul 01, 2015 to Jun 30, 2016 • Filed on Mar 09, 2017

2260 S Grove StreetChicago, IL 60616

(312) 372-9870

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

1.07x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

80th percentile

$202,088

Higher top officer pay than 80% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2016

Asset Growth

80th percentile

5.6%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Up

$3,258,296

Up $172,567 (+5.6%) from 2015

Net Assets

Flat

-$226,186

Flat from 2015

Liabilities

Up

$3,484,482

Up $172,567 (+5.2%) from 2015

Revenue

Flat

$0

Flat from 2015

Expenses

Down

$0

Down $226,650 (-100%) from 2015

Net Income

Up

$0

Up $226,650 (+100%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2014: $2,783,255Liabilities 2014: $2,782,791Net Assets 2014: $4642014Assets 2015: $3,085,729Liabilities 2015: $3,311,915Net Assets 2015: -$226,1862015Assets 2016: $3,258,296Liabilities 2016: $3,484,482Net Assets 2016: -$226,1862016Assets 2017: $4,190,803Liabilities 2017: $2,659,172Net Assets 2017: $1,531,6312017Assets 2018: $4,608,805Liabilities 2018: $2,872,230Net Assets 2018: $1,736,5752018Assets 2020: $11,702,462Liabilities 2020: $9,314,841Net Assets 2020: $2,387,6212020Assets 2021: $11,737,419Liabilities 2021: $8,895,280Net Assets 2021: $2,842,1392021Assets 2024: $12,371,310Liabilities 2024: $5,904,982Net Assets 2024: $6,466,3282024

Highlighted filing

2016

Assets$3,258,296
Liabilities$3,484,482
Net Assets-$226,186

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $2,000Expenses 2014: $1,536Net Income 2014: $4642014Revenue 2015: $0Expenses 2015: $226,650Net Income 2015: -$226,6502015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $966,351Expenses 2017: $118,468Net Income 2017: $847,8832017Revenue 2018: $453,669Expenses 2018: $248,725Net Income 2018: $204,9442018Revenue 2020: $853,374Expenses 2020: $755,967Net Income 2020: $97,4072020Revenue 2021: $1,426,693Expenses 2021: $972,175Net Income 2021: $454,5182021Revenue 2024: $2,407,079Expenses 2024: $911,737Net Income 2024: $1,495,3422024

Highlighted filing

2016

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Mar 9, 2017
Return Version
2015v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To hold and manage real estate.

Hold and manage real estate for the parent,international union of operating engineers local 399.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,661,758$3,159,371▲ $497,613
Cash and Non-Interest-Bearing Accounts$421,337$90,523▼ $330,814
Prepaid Expenses and Deferred Charges$2,634$8,031▲ $5,397
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-226,186$-226,186→ $0
Total Assets$3,085,729$3,258,296▲ $172,567
Other Assets Total$0$371▲ $371
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,544,841$2,544,841→ $0
Other Liabilities$325,558$909,934▲ $584,376
Accounts Payable and Accrued Expenses$441,516$29,707▼ $411,809
Total Liabilities$3,311,915$3,484,482▲ $172,567
Net Assets / Fund Balance
Total Net Assets Fund Balance$-226,186$-226,186→ $0
Total Liabilities and Net Assets / Fund Balance$3,085,729$3,258,296▲ $172,567

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,418,394-$2,418,394
Land$740,977-$740,977
Compensation and Service Providers

Employees

NameTitleOtherTotal
Dusty LegionsDirector$9,600$9,600
John HickeyDirector$9,600$9,600
Mario GuerreroDirector$9,600$9,600

Board Members and Trustees

NameTitle
Brian HickeyPresident/business Manager/director
Thomas KeatyVice President/director
Floyd FesslerDirector
Patrick KellyFinancial Secretary/director
Vince WintersRecording Secretary/director
William MastersonTreasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Anchor Mechanical INCMechanical Contractor255 N CALIFORNIA AVE, Chicago, IL 60612$425,607
Exclusive Construction Service INCGeneral Contractor406 N ABERDEEN ST STE 300, Chicago, IL 60642$182,892
Heneghan Wrecking CoDemolition Contractor1321 W CONCORD PL, Chicago, IL 60642$114,206
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Iuoe Local 399$909,934
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees that have the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

As directed by the officers and directors of the building corporation, the finanical secretary is responsible for the review and filing of the form 990. The officers and directors are not required to review the form 990 prior to filing with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990, 990-t, and il-990-t available for inspection upon request. Other governing documents are not made available to the public.

Filing and Contact Details

Filer

Filer Name
International Union of Operating
EIN
32-0440106
Phone
3123729870
Address
2260 S GROVE STREET, CHICAGO, IL 60616

Signing Officer

Name
Patrick Kelly
Title
Financial Secretary
Phone
3123729870
Signed
2017-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Hickey
Formed
2014
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Bansley and Kiener Llp
Address
8745 W HIGGINS RD STE 200, CHICAGO, IL 60631-2704
Preparer
Danielle M Tyler
Phone
3122632700
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The officers and directors select the independent auditor. The financial secretary and the controller of the union are responsible for the oversight of the audit.

Financial Statement Notes

PART X, LINE 2:

There was no unrelated business income tax paid during the years ended june 30, 2016 and 2015. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by these organizations and recognize a tax liability for any uncertain tax position that more likely than not would be sustained upon examination by the internal revenue service. These organizations are subject to routine audits by tax authorities; however there are currently no audits for any tax years in progress. Management believes that these organizations are no longer subject to income tax examinations for years prior to 2012.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THERE WAS NO UNRELATED BUSINESS INCOME TAX PAID DURING THE YEARS ENDED JUNE 30, 2016 AND 2015. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THESE ORGANIZATIONS AND RECOGNIZE A TAX LIABILITY FOR ANY UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THESE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX YEARS IN PROGRESS. MANAGEMENT BELIEVES THAT THESE ORGANIZATIONS ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2012.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1146785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2152421
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt526938
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRIAN HICKEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1THOMAS KEATY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PATRICK KELLY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3WILLIAM MASTERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4VINCE WINTERS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5FLOYD FESSLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/BUSINESS MANAGER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2FINANCIAL SECRETARY/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TREASURER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4RECORDING SECRETARY/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS DIRECTED BY THE OFFICERS AND DIRECTORS OF THE BUILDING CORPORATION, THE FINANICAL SECRETARY IS RESPONSIBLE FOR THE REVIEW AND FILING OF THE FORM 990. THE OFFICERS AND DIRECTORS ARE NOT REQUIRED TO REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990, 990-T, AND IL-990-T AVAILABLE FOR INSPECTION UPON REQUEST. OTHER GOVERNING DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OFFICERS AND DIRECTORS SELECT THE INDEPENDENT AUDITOR. THE FINANCIAL SECRETARY AND THE CONTROLLER OF THE UNION ARE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IUOE LOCAL 399
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1IUOE LOCAL 399 BUILDING CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0361265730
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1205124336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(2)
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFILIATED LABOR UNION & PARENT/100% SHAREHOLDER OF THE BUILDING CORP II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO HOLD AND MANAGE REAL ESTATE FOR THE PARENT IUOE LOCAL 399
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02260 S GROVE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12260 S GROVE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CHICAGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060616
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160616
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00

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